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Latest News on private equity markets

BA owner considers legal challenge to UK quarantine as relations fray

The owner of British Airways is considering a legal challenge to Britain's quarantine plan, as relations between airlines and the government are frayed by steps to curb the coronavirus pandemic.



5 years ago

Barclays poaches Citigroup's Chawla in latest insurance investment banker move

Gautam Chawla is joining Barclays from Citigroup Inc , a statement from the British lender said on Friday, continuing the recent spate of job changes among senior financiers covering the insurance industry.



5 years ago

Equities surge, bonds tumble on surprise U.S. jobs gains

An unexpected jump in U.S. employment sent world equities surging on hopes that the global economy has started to recover from the coronavirus pandemic, pulling investors out of perceived safe havens like government bonds and gold.



5 years ago

Here's what the unemployment rate actually means and why it's so important

The unemployment rate is generally a measure of hardship for American families.

5 years ago

Trump says Warren Buffett has been right 'his whole life,' but made a mistake selling airlines

Trump called out Warren Buffett in a White House address and said the billionaire investor's decision to sell airline stocks was a mistake.

5 years ago

Airbus warns it may sue airlines over undelivered jets: paper

A stand-off between airplane manufacturers and airlines over the coronavirus crisis is intensifying after Airbus signalled it would sue airlines that refuse to honour contracts.



5 years ago

Exclusive: Marriott says ordered by Trump administration to cease Cuba hotel business

Marriott International, the only U.S. company to run a hotel in Communist-run Cuba, the Four Points Sheraton in Havana, told Reuters it had been ordered by the Trump administration to wind down its operations by August 31.



5 years ago

Wall Street jumps on surprise improvement in labor market

U.S. stock indexes jumped on Friday, with the Nasdaq Composite less than 1% away from a record high, on hopes of a faster economic rebound from a coronavirus-led slump after data showed surprise job additions in May.



5 years ago

Trump signs bill to ease guidelines on coronavirus relief loans for small businesses

The legislation eases the guidelines small business aid recipients have to meet during the coronavirus pandemic in order to get loans forgiven.

5 years ago

WeWork co-founder McKelvey to leave company by June end

WeWork co-founder Miguel McKelvey will leave the office space-sharing firm at the end of June, a company spokesman said on Friday.



5 years ago

Oil climbs 5% on U.S. jobless drop, OPEC+ meeting hopes

Oil prices rose on Friday after an unexpected fall in the May U.S. jobless rate and OPEC's decision to bring forward to Saturday discussions on whether to extend record production cuts.



5 years ago

Touting upbeat jobs data, Trump predicts U.S. economic recovery by 2021

President Donald Trump on Friday celebrated a stunning U.S. employment report that showed the country gained more than 2.5 million jobs last month during the thick of the coronavirus pandemic, and predicted the battered economy will have recovered by 2021.



5 years ago

Cafe Rouge, Bella Italia could see nearly a third of outlets closed: sources

Britain's high-street restaurant chains Bella Italia, Cafe Rouge and Las Iguanas could see around 30% of their outlets cut, two sources told Reuters, as their owner pushes ahead with talks to sell the businesses stricken by the COVID-19 crisis.



5 years ago

Factbox: Struggling restaurant chains risk disappearing from Britain's high street

Faced with a partial reopening of their branches from July, many high street restaurant businesses in Britain risk disappearing from the high street or at least changing hands, as private equity owners decide whether to raise billions of dollars to snap up what they see as bargains.



5 years ago

Volkswagen resumes deliveries of its Golf 8 after software glitch

Volkswagen on Friday said it had resumed deliveries of its newest Golf model after voluntarily halting sales in mid-May.



5 years ago